Assenagon Asset Management S.A. lessened its holdings in Unisys Corporation (NYSE:UIS - Free Report) by 67.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 115,497 shares of the information technology services provider's stock after selling 241,502 shares during the period. Assenagon Asset Management S.A. owned 0.16% of Unisys worth $530,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of UIS. Millennium Management LLC boosted its holdings in shares of Unisys by 9.4% during the 4th quarter. Millennium Management LLC now owns 716,541 shares of the information technology services provider's stock valued at $4,536,000 after purchasing an additional 61,766 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Unisys by 179.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 277,583 shares of the information technology services provider's stock valued at $1,757,000 after acquiring an additional 178,295 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Unisys by 7.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,259,543 shares of the information technology services provider's stock valued at $7,974,000 after acquiring an additional 88,506 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Unisys by 5.4% in the 4th quarter. Invesco Ltd. now owns 364,130 shares of the information technology services provider's stock valued at $2,305,000 after acquiring an additional 18,816 shares during the last quarter. Finally, Barclays PLC lifted its holdings in shares of Unisys by 27.8% in the 4th quarter. Barclays PLC now owns 162,107 shares of the information technology services provider's stock valued at $1,027,000 after acquiring an additional 35,288 shares during the last quarter. Hedge funds and other institutional investors own 86.87% of the company's stock.
Unisys Stock Down 2.2%
Shares of UIS stock opened at $4.28 on Friday. The firm has a market cap of $303.82 million, a price-to-earnings ratio of -4.00, a PEG ratio of 0.49 and a beta of 1.35. The company's 50 day moving average is $4.57 and its 200 day moving average is $5.35. Unisys Corporation has a 52-week low of $3.32 and a 52-week high of $8.93.
Unisys (NYSE:UIS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The information technology services provider reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.19. The company had revenue of $432.10 million for the quarter, compared to analyst estimates of $441.20 million. Unisys had a negative net margin of 3.76% and a negative return on equity of 11.93%. Analysts anticipate that Unisys Corporation will post 0.61 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on UIS shares. Wall Street Zen raised shares of Unisys from a "hold" rating to a "buy" rating in a research note on Saturday, June 7th. Canaccord Genuity Group decreased their price objective on shares of Unisys from $7.00 to $6.50 and set a "hold" rating for the company in a research note on Thursday, February 20th.
Check Out Our Latest Stock Report on Unisys
About Unisys
(
Free Report)
Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, Applications & Infrastructure Solutions (CA&I); and Enterprise Computing Solutions.
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